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are for better or worse, ingrained features of the american economy. since when did cutting the deficit become such a big budget priority. we'll discuss the gop's attention deficit disorder when the ranking member of the house budget committee, congressman chris van holland joins us, just ahead. >>> time for the your business entrepreneur of the week. las vegas anesthesiologist took his experience in the e.r. and created a hangover cure, using an iv-administered formula. he put it on a bus, treating suffererses up and down the strip. we're here! we're going to the park! [ gina ] oh hey, dan! i really like your new jetta! and you want to buy one like mine because it's so safe, right? yeah... yeah... i know what you've heard -- iihs top safety pick for $159 a month -- but, i wish it was more dangerous, like a monster truck or dune buggy! you can't have the same car as me! [ male announcer ] now everyone's going to want one. let's get a jetta. [ male announcer ] volkswagen springtoberfest is here and there's no better time to get a jetta. that's the power of german engineering. right now lease on
. the economist is out with a report on our economy's saying that our economy is in better shape than you think. we're back with that in a moment. first, i want to give a shout out to my grandmother mabel. she convinced her nursing home to switch cable providers just to see the cycle every day. go, mabel! [ jackie ] it's just so frustrating... ♪ the middle of this special moment and i need to run off to the bathroom. ♪ i'm fed up with always having to put my bladder's needs ahead of my daughter. ♪ so today, i'm finally talking to my doctor about overactive bladder symptoms. [ female announcer ] know that gotta go feeling? ask your doctor about prescription toviaz. one toviaz pill a day significantly reduces sudden urges and accidents, for 24 hours. if you have certain stomach problems or glaucoma, or can not empty your bladder, you should not take toviaz. get emergency medical help right away if your face, lips, throat or tongue swells. toviaz can cause blurred vision, dizziness, drowsiness and decreased sweating. do not drive, operate machinery or do unsafe tasks until you know how tovia
>>> how are small businesses affected by the cuts? a mattress maker combat as sluggish economy by attracting buyers by expansion. and he owns several restaurants but found a way to keep hungry customers coming into all of them. at track through expansion, coming up next on your business. >>> small businesses are revitalizing the economy and american express open are here to help. that's why we're proud to present your business on msnbc. >>> hi, there, everyone. welcome to your business, the show dedicated to giving you tips and advice to help your small business grow. america's small business owners are anxiously a waiting to see what i am pact the federal budget cuts known as the sequester will have on their bottom lines. the budget control act which was passed by congress and then signed by the president translates to $85 billion in cuts and spending that many have predicted these cuts will disproportionately harm small businesses. cuts in the defense budget may hurt the most. the sba says small businesses that supply defense contractors are already feeling the pinch. steven
this year? and would a balanced budget hurt the economy? joining me kevin mccarthy and the top democrat on the budget committee, maryland congressman chris van hollen. a little later, our round table will be back talking about the future of the republican party, and republican governor scott walker of wisconsin will join the conversation. and let in real people. it smells good. like laundry fresh out of the dryer. a man fresh out of the shower. nailed it. proof. febreze car vent clips keep your car fresh. breathe happy. i honestly loved smoking, and i honestly didn't think i would ever quit. [ male announcer ] along with support, chantix (varenicline) is proven to help people quit smoking. it reduces the urge to smoke. it put me at ease that you could smoke on the first week. [ male announcer ] some people had changes in behavior, thinking or mood, hostility, agitation, depressed mood and suicidal thoughts or actions while taking or after stopping chantix. if you notice any of these stop taking chantix and call your doctor right away. tell your doctor about any history of depression or
in washington. is something going to get done this year, and would a balanced budget hurt the economy? joining me for debate, the republican wlip in the house, kevin mccarthy, and the top democrat on the budget committee, congressman chris van hollen. >> we'll talk about the future of the republican party, and >> we'll talk about the future of the republican party, and republican governor scott walker for those nights when it's more than a bad dream, be ready. for the times you need to double-check the temperature on the thermometer, be ready. for high fever, nothing works faster or lasts longer. be ready with children's motrin. like a squirrel stashes nuts, you may be muddling through allergies. try zyrtec® liquid gels. nothing starts working faster than zyrtec® at relieving your allergy symptoms for 24 hours. zyrtec®. love the air. >>> on tuesday, the day a new pope was installed in rome, president obama makes a sensitive trip to the holy land for his first presidential trip to israel. the trip isn't ambitious. mostly the president seems to be responding to critics who question why he's n
agenda. he got health care passed and fixed the economy. he has the economy on the right track. the gun issue was not a big deal with him in the beginning. gale marriage was not a big issue, but they have become centerpieces, that's the period he's in at this point. republicans are cooperating to the degree that they appeared to be disorganized enough that he appears to be right on track. >> you know, on that point, in terms of the economy, victoria, the president talking about the budget last week, he said something that the gop just jumped all over. the president said, and i'm quoting him, we don't have an immediate crisis in terms of debt, and the republicans and the right wing went bananas. but then mr. boehner and ryan, of course, agree with him. watch this. >> we do not have an immediate debt crisis, but we all know that we have one looming. >> we do not have a debt crisis right now, but we see it coming. we know it's irrefeetably happeningivities they say the president shouldn't have said it, now you have boehner and ryan saying it, about you if both say we don't have an immediat
and the austerity he is putting in place has caused the economy to be really slow. >> a lot of tax increases over there in europe. we look at this austerity bit. i want to talk about this for a second. >> i want to get back to the budget then. >> talk about what is happening in washington. you know, economics discussed on tv or on the internet or on twitter, it's so depressing, because people really don't know what they are talking about and they just sort of boil it down and there is this belief through the years, that tax cuts are not a tool used. of course, tax cuts are a tool used and tax increases something that traditional are against in bad times. we hear about austerity across great britain and we never hear about the tax increases. when you talk about the fact they cut and slash spending at the same time they hike taxes, it really was a formula made to fail. >> spending cuts and tax increases both take money out of the economy and slow the economy and, yes, they create this idea of austerity. but, look. it's a balancing problem. on the one hand you need to deal with it budgets and defici
might go a little higher. that has an inflationary effect on the economy. so you may be talking away the money you just gave that employee through the increase. raise prices throughout the economy. >> i have to say, you've now switched your argument from what it was going to do to your business to what it's going to do to the economy. >> very sharp, senator warren. whether a minimum wage increase and why. we've heard all this madness on the other side, especially small business people. we won't be able to pay insurance and the like. is that a real reasonable and persuasive argument? >> no and in fact, we have a real world experiment that tells us about this. in new jersey a few years ago, they raised the minimum wage. they did it in pennsylvania. there was an examination of fast food and it turned out that in new jersey, hiring went up and in pennsylvania, hiring went down. but let me turn this upside down. why aren't we talking about the fact that the total stock market is worth less today than in 2000 and yet, the ceos are getting more and more money. if we just turned this argumen
to the economy? >> i think you cannot get these kind of cuts without -- >> what cuts? i'm talking about freezing -- >> hold on. i know you're a young politician. i like young politicians more than old politicians. but whatever you are, you got to wait. because i let you go. right? let's do that. i think the answer is if you look at taking a big bite out of the jobs in the public sector, and taking away the spending that goes throughout the entire economy, that hurts growth. that's the biggest problem. i think an issue for you is i think it's great to have someone who's 23 out there running. i think that is great in both parties. we have way too many senior citizens making decisions for the rest of us. i'm with that. the question i have for you is, if you're going to go in your district, prince william counties is one of the biggest counties. >> 70,000 federal workers. >> you know where i'm going. that's the debate have. what's the largest employer there? >> 70,000 people. 1 out of every 10 people in my district works for the federal government. >> you're going to run. this is the question. you'r
until you topple the entire economy. >> there budget is built on a hoax. on the one handled they say it balances in ten years. on the other hand they say they repeal obama care. but they keep the savings in obama care. if you would repeal obama care today, their budget would not be in balance. >> you saw him there, the democratic congressman, the top democrat on the committee. good to see you. >> good to be with you. >> in the past hour, you announced what you're calling a house democratic budget alternative. first of all, what is it and how is it different from the previous plan offered by the senate? >> well, it is similar to the senate plan. in other words, we also focus on job creation and accelerating the economy right now. then we address the long term budget deficit in a balanced way where we ask for shared responsibility as opposed to the republican plan which provides another tax break wind fall to very wealthy people at the end of everybody else. the expense of the middle class, the expense of commitments to seniors. so our focus right now is to number one, do no harm to th
of balance. my goal is how do we grow the economy, put people back to work, and if we do that, we're going to be bringing in more revenue, if we controlled spending and have a smart entitlement package, then potentially what you have is balance, but it is not balance on the backs of, you know, the poor, the elderly, students who need student loans, families who have disabled kids, that's not the right way to balance our budget. >> the glow is off paul ryan budgets, even for republicans, including former ryan worshipper rush limbaugh. >> now, there are people that don't like it, even on the republican side because it has tax increases in it, some say tax increases on the rich. leaves some of obama's tax increases in it. heritage foundation has done deep analysis of this. one of their problems with the ryan budget is, and they do have problems with it, is that hefty tax increases of obama's are maintained. they're kept in it. they're not done away with. >> paul ryan's budget leaves in the increase in top income tax rate that president obama achieved in january, the conservative blog red stat
and what we really need to do is to focus on growing the economy. the deficit is there. we can deal with it. but growing the economy is the first priority. >> yeah. >> congressman ryan, president obama campaigned on protecting the middle class. so why all of a sudden is chained cpi up there for grabs. even nancy pelosi is starting to embrace it here. are we seeing the democrats shift towards the republican position on protecting the big three? >> well, i'm not sure nancy pelosi is there just yet. i thought she was very careful on what she said, protecting the poor, protecting those seniors. so everything's fungible. and i'll go over battles for the poorest of the poor, our children and senior citizens with nancy pelosi any day of the week. and i'm confident in the house with the leadership of people like keith and john that we will be able to hold a line on some of this from the democratic side. but it does get worrisome every now and again when you hear these comments. i know you've got to be conciliatory and be ready for a grand bargain, but we're not going to sell our soul in the process
a deficit reduction plan over the longer term, starting as the economy begins to recover more that will give more credibility to the market, such that interest rates don't go up if they get scared, we'll never do anything about deficits. but it's a matter of timing, not a matter of morality. ivities bob, giving all great work that demoss is doing, the republicans have been masterful insofar as is the national debate has centered on deficits. a lot of the economists would say, look, as ezra points out, a long-term plan is necessary, but in the short term stimulus spending is what we need. >> exactly what we need. >> the elephant in the living room is still unemployment. we have too many people who are jobless or underemployed, and budgets in any kind of reasonable state of balance without putting these people back to work in good jobs so that they're paying taxes. the question becomes, when we have they budget debates in washington and the question that's not being answered is, what is the goal? the goal is not simply to get a balanced budget or get closer. it's to have some kind of economic
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obamaism, big government. you know, government investment to try to turn the economy around. higher taxes. i think that's something that they're going to want to continue. >> it does seem if you did take that away, then we would only be talking about there's rand paul's vision, marco rubio's vision and -- >> and there's real splits on the republican side. >> what do you got sunday? >> we'll talk about the budget debate, van hollen and mccarthy debate each other and rome and the new papacy and what it means to american politics as well. >> we talk about the rising tide of hispanic americans and it seems like the catholic americans are seeing the same thing around the world. >> even more quickly than the republican party has apparently. >> even faster. david gregory, we'll be watching, thank youure siyouure. >>> and we'll talk to michael orren, obama's wish list, the president has an idea how he'd like to spend free time in tel aviv. >> sometimes i have this fantasy that i can put on a disguise and, you know, wear a fake mustache and i could wander through tel aviv and go to a bar and -- >>
the economy as the most frequently named problem in the poll. that 20%, by the way, as i said a minute ago, is highest since early june 1974. just months, actually months before richard nixon resigned. we'll be right back. no. oh dad, you remember my friend alex? yeah. the one that had the work done... good to see you. where do we go when we die? the ground. who's your girlfriend? his name is chad. and that's where babies come from. [ male announcer ] sometimes being too transparent can be a bad thing. this looks good! [ male announcer ] but not with the oscar mayer deli fresh clear pack. it's what you see is what you get food. it's oscar mayer. impact wool exports from new zealand, textile production in spain, and the use of medical technology in the u.s.? at t. rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before i
the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. >>> well, here's a telling number about the state of our government right now. according to a new gallup poll, the number of americans who say they're dissatisfied with the government is the highest it's been since watergate. 20% of those polled, one in five say the satisfaction with the government is the country's biggest problem right now. that's up from 16% just last month. it's climbing and trails only the economy as the most frequently named problem in the poll. that 20%, by the way, as i said a minute ago, is highest since early june 1974. just months, actually months before richard nixon resigned. we'll be right back. >>> welcome back to "hardball." the conservatives have come to town to washington. the annual cpac conference is under way just outside washington. it's making news
. if the economy hobbles along and don't get me wrong, the markets are roaring, we've had a few days where it has slowed just a bit. but the average american, the pedestrian middle class family how well are they doing? how confident are they? and if the economy slows for them, the prospects for immigration reform, i don't believe are nearly as high, if you don't get what mark has been saying now for over two weeks. the sequencing done right on this cut spending cuts and tax reform. things sound great and they're moving along now. but joe, as we talked about earlier, you're going to have reticent democrats. and even key congressional races who are going to slow down a bit and saying, look, i want immigration and guns dealt with, what are we doing about the economy and the budget, the debt, and tax reform? >> and this is, richard haas, you can only push people so far, i mean, not the republicans' best friend. this weekend said democrats you're about to lose me. i pay 40% federal, 15%. well, i hear we have it cued up. let's go. this is bill maher this weekend. >> -- actually do pay the freight in th
with the challenges facing our economy. the fact is there are folks on both side of the aisle that talk a good game on the idea of reforming medicare or doing something about social security, nobody wants to own the plan. they want to agree to it reluctantly to a plan brought up by the other side because here's another fact. medicare and social security are universally popular and even in a republican primary getting caught messing around with social security without a reason is bad politics. so any time you hear this from either side, the other side needs to lead, translation i'm not going to put out a plan on medicare or social security. you do it. maybe i'll agree to it. today is the second day of the organizing for action conference here in washington. when you hear what the president told political donors and activists last night, bear in mind he made those remarks after an hour of having his own motives questioned by house republicans repeatedly. from the outset, the president went out of his way to say his aims with ofa are not just political. >> people have been puzzled about what it is tha
the true engine of america's economic growth. a rising, thriving middle class and an economy built on innovation. in my state of the union address, i said our most important task was to drive that economic growth and i meant it. every day we should be asking ourselves three questions. how do we make america a magnet for good jobs? how do we equip our people with the skills and training to do those jobs? and how do we make sure that hard work leads to a decent living? those of you who have chairs, i was not sure everybody had chairs there. please feel free to sit down there. i'm sorry. everybody was standing. i thought -- one of the effects of the sequester, you had to -- get rid of chairs. that's good. i'm glad we got some chairs. so i chose argonne national lab because right now, few areas hole more promise for creating good jobs and growing our economy than how we use american energy. after years of talking about it, we're finally poised to take control of our energy future. we produce more oil than we have in 15 years. we import less oil than we have in 20 years. we've doubled t
the week. the president has been battling republicans over a way forward for the nation's economy. has the president, do you think, lost any leverage following the sequester? which some commentators are suggesting has not been anywhere near as bad as the president, himself, warned it would be? >> well, i think that the steps that he took in 2009 and 2010 and beyond have been great steps, and the american, in terms of bringing the country back, and the american economy is a resilient economy. but it was never the case that the sequester was going to on day one drag the economy down. and, you know, the concern is over the next six months and over the long term. one projection of one of the, i think macroeconomics said they expect to see 700,000 jobs lost as part of the sequester. that's going to be over time. so the wise thing to do would be to find a sensible replacement for the sequester in the coming months. and i think that's what his efforts are going to be placed. and hopefully he'll find partners on both sides of the aisle to do that in the coming months. but let's be honest about
point, it can't be at the expense of the economy and jobs. >> here's where both sides may agree. >> is he right that we did not have an immediate crisis. >> we did not have an immediate crisis. >> to borrow from the phrase from the fiscal commission, we're the healthiest looking horse in the blue factory. we see it coming we know it's irrefutably happening. a lot of folks worrying about that blue factory, congressman. the president said that crisis was a concern when he spoke to joe and mika early on. you said had said that was a concern. the president has changed his tone on that. why has he done that? >> well, the debt remains a concern-we've made a significant down payment with the budget control act, with the fiscal cliff deal and now with the sequester which i hope will have a short life. so we've made a significant dent already. but i think the president is facing the priority of growing the economy and jobs, and that's where it should be. half of this year's deficit is attributable to people who are unemployed. if we can get people back to work, paying down the deficit. i
is in this country? it's in the banking system. it's a huge banking system, eight times the size of their economy. consider this, brian, if the us banking system was as big relative to the u.s. economy as cyprus is, we would have 45 more banks the size of jpmorgan in the united states. that's how big it is. that's why there's a need to tax deposits. that's where the money is. that's the only way this country will be able to come up with it. that's the struggle. now they're off to russia. minister of finances hope they get money out of that country. it's not clear that's going to happen, at least not in time to save the banking system. >>> of course here as always we want to know why are you awake? shoot us an e-mail or tweet me @billschactman. >>> they have espn and air force one will show you which teams the basketball fan picked. that's next in sports >> leave it to reality tv. we have more great diving. highlights from the new celebrity diving show "splash" which i did watch a few minutes of. check it out when way too early comes back. >> someone released poison gas inside the tokyo subway sys
like now vicious cuts were going to destroy america's economy and all of the things they are predicting now they predicted back in 1995. they were wrong then and they are wrong now. >> as kelly just mentioned senate democrats unveiled their plan for the budget. patty murray greeted the president over lunch on tuesday. it calls for raising tax revenue by 1 trillion and slashing spending by 175 million. >> harold is smiling. >> stop shaking your head. what is up? how would you like to be a democrat going back to the people of tennessee i raised your taxes a trillion dollars? >> how are they doing it? >> i shake my head. if you're a pedestrian and watching this, this is willie's question. this is where we were six months ago, three months ago. i have great respect for senator murray and i believe she believes in their budget but they have to come together because i'm not sure shs any different. paul ryan's too. how do you examine to abolish after you had an election? >> these are political documents. paul ryan's document is a political document more than an economic document, telling ameri
, corporate profits are up. we're starting to make progress in our economy. wages aren't and unemployment is too high. he wants to have budget that reflects building from the middle out things he said in the campaign. number two, he was asked specifically about chain cpi. what he made clear is he will not chase a bad deal. you heard mr. boehner just now, he seems to be demanding a bad deal. the president making it quite clear he won't chase it i think gave members some confidence it's not as though he's going to give something away like chain cpi. what the president said is any deal he negotiates is going to have to be balanced. that means a significant contribution from revenues, largely from cleaning up the tax code, with a focus on investing. you know, the sequester is putting us two years off on doing a scientific research for health care. so the president was reassuring to us that he's focused on the middle class. he's focused on jobs and not interested in getting into a negotiation where we bid against ourselves, something we've done too much of in the past. >> congressman, members
to shoot straight and say, it's not as if our government's going to collapse tomorrow or the economy is going to collapse tomorrow if we do nothing. but it's time to quit kicking the can down the road. you know, the folks on the other side of the aisle have talked about a balanced approach. but there's nothing balanced about a budget that doesn't balance. frankly the republican proposal is a relatively modest one. we grow government by 3.5% a year over the next ten years and balance the budget to, you know, put our kids and grand kids in a better position. >> obviously a big issue is going to be medicare. congressman cartwright, i want to get you to respond to something that senator corker says he wants president obama to do. here's what he said over the weekend. >> when the president uses his bully pulpit to explain to the american people that families are only paying one-third of the cost of medicare, we will know that we've begun the process of trying to solve this problem. i hope that happens as soon as he gets back from israel. >> congressman cartwright, i know there's a lot of
, in science and research, in education. things that are important to power the economy. our focus has been on jobs first. let's get the economy in full gear. not put the brakes on it. which is what the republicans do. they've gotten austerity budget that according to the nonpartisan congressional budget office, will result in 750,000 fewer jobs bn i end of the year. so we say let's tackle the deficit in a smart way, get people back to work and reduce it over a steady period over a period of time and our comes to balance at the same time that the republicans' budget from last year comes into balance. >> on the issue of revenue, i believe your budget has about $200 billion more in revenue than senator murray's budget in the senate. why did you put that in there considering that republicans are so adverse to any new revenue? >> the budget we have in our democratic proposal. if you take it even together with the revenue from the fiscal cliff agreement, is still less total revenue, luke, than was embedded in the bipartisan simpson-bowles agreement. so we have less revenue proposed by that bipar
the sequester for the moment maybe don't do anything. the economy looks like it's picking up a little steam. and that might be just what we need. you know, in terms of the ryan budget, it took a public drubbing in the election. we, we already forgotten about november? when the republicans ran on the ryan budget. if they want to keep revisiting that, that's their choice. but why are we talking about this? we just find out that medicaid and medicare deliver health care cheaper than anything else? and they want to eviscerate that? it makes utterly no sense at all to me, anyway. >> howard, these seem to be sort of political manifestos, more than fiscal proposals. especially the ryan budget, over 40% of its savings are based on a repeal of obama care. which ain't going to happen any time soon. >> i agree, they are political. they aren't even opening negotiating positions, sometimes people set out markers that are designed to begin negotiations. these are political documents and they're speaking to their own parties. and the democrats have already said, look, you want to run on the ryan budget ag
, fidelity is there for your personal economy, helping you readjust along the way, refocus as careers change and kids head off to college, and revisit your investments as retirement gets closer. wherever you are today, fidelity's guidance can help you fine-tune your personal economy. start today with a free one-on-one review of your retirement plan. [ female announcer ] stress sweat is different than ordinary sweat. it smells worse. get 4x the protection against stress sweat. introducing new secret clinical strength stress response scent. mr. wiggles and curling irons. for the little mishaps you feel, use neosporin to help you heal. it kills germs so you heal four days faster neosporin. also try neosporin eczema essentials. >>> tonight president obama is traveling to israel in his first foreign policy trip since winning re-election. tomorrow he'll met with israeli prime minister benjamin netanyahu. topping the agenda, iran's nuclear ambitions. on thursday the president will tour the west bank and meet with mahmoud abbas, president of the palestinian authority. then friday it's on to jordan f
, interest rates are extremely low right now. there's a lot of unused productive capacity in the economy. there is disagreement over whether you could continue to run the deficits. so, you know -- i don't want to say there's no disagreement. people do disagree over this, and that's the problem that washington hat right now. everyone says we have to cut, we have to cut. that's the problem with the murray budget. it goes way too far toward the republicans. if unfortunate the sharp debate that schumer is talking about, debate the progressive budget, which actually adds spending and stimulus against the ryan plan. >> we haven't cut spending, have we? seriously. can we at least try that and see whether or not all of this -- but that's not cutting spending. you're still spending the money, judd forestalling where you will make the payment. >> it's still growing. >> spending in this country is still growing. it's a contingent and sane argument to make that we need to address it from that side first. we gave you the $600 billion in new taxes, you want more, you want more spending. >> paul ryan w
back their money only to see the economy falling apart. you're not winning on those issues, oath either, john. >> joan, you're so right. you are better on this than i am normally. equal pay for equal women. your party has been slow on that. >> i agree. i'm following our party. those are the changes that we should be making. here's what the real difference between the two parties in my opinion are. >> okay. >> the republican party has always said we're going to make sure you have opportunity that leads to unlimited success but not guaranteed success. that was the american dream. we've given that up because people say it's not attainable anymore and the democrats are selling we will give you guaranteed success but it's going to be very limited. >> who says that? >> no one guarantees success. >> find -- >> it's the governmental -- >> john, i don't know any democrat who talks like that. >> there's no no one who wants to guarantee success. >> i've never heard that anywhere. >> no, it's all about equal opportunity. we are about guaranteeing equal opportunity. we are about leveling the playing
the scientists and many other things. sanctions are hammering the iranian economy. to focus on iran, for benjamin netanyahu, he is waving the threat to the audience. he is using one of his guys as the minister of the housing and infrastructure. the man that tells you from day one, i will build in the areas. the area that connects western bank with jerusalem. breaking the last hope for a two-state solution. >> is iran a genuine threat or distraction from the point of the peace process? >> it is a genuine threat to israel. no doubt from the ayotallah down. a direct war of words in support of terrorism against israel. israelis feel that. part of the purpose of the trip for the president is not merely to say we care about the iran nuclear program. it is to convince israelis that they can take the steps necessary for peace knowing the united states is behind their support. the fact we will not move on the palestinian question unless the israelis feel they have the security of the united states completely to take those risks for peace. i have known that ever since camp david one. this is why this is so
. do you want to know how many republicans voted for universal background checks on the economy? zero. the vote was 10 to 8. all republicans voted against. democrats voted for. with 91% support. tell me how this ends for the republican party. joining us now is the congresswoman who represents newtown. nice to be here. i know today, you were -- you saw the bike riders leave on their journey to washington and you were there today in washington when they arrived. what do you see as that kind of personal equipment we're seeing by people who care about this issue. >> and the courage these folks are showing, that these parents who lost loved ones who lost their friends and neighbors are showing not anger. not retribution, but commitment for real common sense gun laws. you just said it. 91% of the public. which i wonder if that is related to the about 90% of the public who think congress is is doing a lousy job. it is time for us to step up. >> when you look back at the kinds of events that have gal vanized real change, it is fascinating to look back at how hard people tried to pass gun refo
the revenue? we'll get it from growth in the economy but if the growth is not going to take place until the years 13, 14, and 15, why not incorporate that in our budget discussions and i really believe we'll find and to build a budget going forward. >> congressman, you say you're optimistic about finding common ground. the white house has egg on its face after a report in the "national journal" that quoted a white house official calling the president's visits to capitol hill a joke. i want to play what jay carney had to say to that yesterday. >> i have no idea who said that but i can tell you that opinion has never been voiced in my presence, in the president's presence, in the west wing. it does not represent the president's view. >> so the president is meeting with house republicans this afternoon. is anyone really taking seriously the outreach that the president is doing? are your colleagues on the hill looking at this and rec fiziogn that the president is trying to engage on a consensus? yes, we are. i don't know who may have said that. but let me say to that person, this ain't no j
and the economy and limiting the size of government and being fiscally responsible. that's what we're hearing folks talk about here and across the country. >> morris, senator portman's announcement comes on the heels of over 100 prominent republicans signing their name on a brief urging the supreme court to allow gay marriage. we have president obama announcing his support. are we at a watershed moment? >> i think so. i think as you look at the next anyration, the folks under 40, this is nothing that they really -- they don't really understand why the older generation doesn't get their arms around this. you know, as people personalize it, when you have a member of your family that perhaps is gay or lesbian, it's easier for you to come out as a republican, but they really are going to have to do a better job of pushing along the party. it's not as big a deal for younger americans. just as race for the other generation became less of a big deal. this will become less of a big deal for a sexual preference. >> alice, your former candidate rick santorum, he's staunchly against gay marriage. listen
politics a long time and the kind of performance in the recent years with the economy. everybody is frustrated. that is the good news scenario. the bad news scenario we literally fix it and we relive 2008. >> can i ask a question as conservatives especially focus on the issue of deficit and what we are going to do about it and it becomes a rallying cry. where was that rhetoric when we were involved in two wars and paying for them on a credit card and having two major tax cuts put in place? iraq war is one of the first wars we haven't had a war tax. where was that fiscal responsibility a decade ago? >> missing. and i'm the wrong person to ask this. because i said famously in budget circles. it's a big crowd. in three the party is over, people get it and not spend any more money and ten years later, i was dead wrong. we lost our rudder somewhere. that's something that america actually stuck to and lived by and served america well 200 years. since then we have developed big problems. >> i also illusion the war would pay for itself and be resolved within six months and up and running
and the economy first and managing our debt wisely and responsibly. >>> what will you say in response to the rep criticism and clearly paul ryan's manifesto, when his budget shows the contrast, what do you say to their criticism that you don't resolve the spending cuts, that you don't deal with the debt adequately, just to play devil's advocate for a moment? >> sure. firstly, we do cut spending in our budget, but if you look at the ryan republican budget, it calls itself balanced, but it does it? just a horrendous ways to families across our country, who have been watching their kids go to school and struggle because of the cutbacks there, people who can't get a job today, people who want to have a strong country in the future, know that the investments we make in education and the infrastructure are devastated in the ryan budget, and he makes false promising that could be kept about reducing the tax rates. the only people that are protected in the ryan budget are the wealthiest and the largest corporations. they tell the rest of america, you are responsible for managing this debt that we have g
to see right now. we have a $14 trillion economy with $13 trillion of demand. the government is not making up the difference. if the government stops, will the economy collapse? maybe republicans will be happy because there will be a reserved army of 25 million unemployed people and as for the middle class, that's going to be over. >> we're not talking about jobs that are not necessary. i mean, when i come down your way, as i offered to come down to atlanta, we need insfra structure redevelopment. we're talking about bridges, tunnels, infrastructure that needs repair, needs to be dealt with, jobs that are needed. we're not just talking about charity here. >> indeed. >> look, i have five children -- >> this is not like the works public administration where some of the jobs that were created during the great depression weren't immediately necessary. i love some of those artworks but you can argue that those weren't necessary. but infrastructure spending is absolutely necessary. we are running so far behind. some of our biggest international competitors, like the chinese. >> rig
. but at a minimum, in my judgment, obama care should not be funded and implemented at a time when our economy is gasping for breath. >> in other words, don't get rid of the military. just don't spend a nickel on it. their guy is basically saying in this sort of strange orwellian way, we're going to get rid of it by just not funding it. it's the minimum we can do. that guy has -- well, he's just something else. >> let's make sure that we don't use ted cruz as a barometer for much in washington. he reminds me of the japanese soldier that we found on the philippines years after world war ii ended still in his cave ready to go to war. the courts decided the issue of health care. the election decided the issue of health care. it's the law of the land. and i think it is -- like i said, let's not use him as a barometer on this. because i think the same people in the republican party understand that although they may not like it, it's the law of the land and it's going to move forward. >> steve, where are you on this? do you think it's a settled deal? i think it is. i'd like to think it is. >> it is
and trails only the economy as the most frequently named problem in the poll. that 20%, by the way, as i said a minute ago, is highest since early june 1974. just months, actually months before richard nixon resigned. we'll be right back. axiron, the only underarm treatment for low t, can restore testosterone levels back to normal in most men. axiron is not for use in women or anyone younger than 18. axiron can transfer to others through direct contact. women, especially those who are or who may become pregnant, and children should avoid contact where axiron is applied as unexpected signs of puberty in children or changes in body hair or increased acne in women may occur. report these signs and symptoms to your doctor if they occur. tell your doctor about all medical conditions and medications. do not use if you have prostate or breast cancer. serious side effects could include increased risk of prostate cancer; worsening prostate symptoms; decreased sperm count; ankle, feet, or body swelling; enlarged or painful breasts; problems breathing while sleeping; and blood clots in the legs. common
here illegally is in any way skilled or would contribute to the american economy. >> to the american economy, which you know, defies our, our entire history. i mean the thing that's so stunning about the 47% comment, that comment, the if i were a mexican comment that he made -- >> the comment that if his dad had been mexican he'd have a better shot of winning this. >> when your tape came out, i was so shaken by it, i was talking about it for, it came out late in the afternoon. i kept talking about it for hours trying to wrap my head around how was it possible that a person running for president of the united states -- leave aside in public -- in private, speak that way about a country he hoped to lead. and it spoke to me anyway and clearly to you as well, that this mitt romney has, has this mindset that has him high above everyone else. in a way that made him, i think unpalatable to lots of people. and your video just was like, the boom, that's it. that's enough for me. for a lot of people. >> scott, in the fix, in the "washington post" shawn sullivan has a great analysis, it's like
into this big sphere that we call the economy. so yes, housing might have something to do with it. you have to look at how everyone else is spending. people that are investing in the dow, 80% of the dow's wealth is held by 10% of the country's wealth. if those people are feeling more wealthy, they'll buy more real estate and spend more. so you will see that frugal fatigue. people will spend a little bit more and buy more invest many properties. >> another news item from wall street is a congressional investigation found jpmorgan had misled the public. investors, regulators in connection with that massive $6 billion loss that they took last year. that got me thinking about the state of our regulatory environments. have we clean up the causes. one of the major causes of the last mess came from the housing market where you had more gangs going out to people who couldn't necessarily afford them. they were being tricked into them and not educated properly. then being packages up and sold. they were rated in a way that wasn't appropriate. have we fixed any of that mess? >> especially with this lo
rate than revenues have got to rise. i'll give you a quick example, our local economy here gained 18 thourgs jobs if the administration would eliminate its ban on coastal virginia energy, here in our district that's being hit so hard by sequestration. our two u.s. senators, both democrats want it. the administration is holding that up. we have got to focus on job creation, that's the first place to go for new revenue. >> i do know that you took a lot of heat from our fellow republicans when you traveled to the newport news shipyard before the sequestesequester, are you about that coming back to bite you? because time and time again, that is a lot of revenue that i cited earlier. people are afraid of,primaried. >> i was raised by an iwo jima marine, he's still doing great, he was my inspiration to run and he taught me to protect my country. i offered the fellow who called me, please relate to the president that i accept with gratitude. we need more communication in washington, not less. it doesn't mean he capitulated, but civility is essential in our republic for us to get things done
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